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The Benefits of Paying Your Rent With Your Credit Card

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Your rent is most likely your largest expense each month, so why not use it to your advantage. Paying your rent online makes your life a lot simpler, but paying with your credit card is a great way to not only better your credit score but also reap the benefits of a rewards card. Here are just a few of the benefits of paying your rent with your credit card.

Better Credit Card Selection 

Certain credit cards have a minimum monthly amount you need to spend, and putting your rent on your card certainly helps you reach this amount. The more money you spend per month, the more rewards you will receive, but this also means you have a better selection of cards you can choose from.

A Higher Credit Score

Paying your rent at the same time each month will demonstrate consistency and help to increase your credit score. Most young people don’t have high credit scores due to age and experience, but a large payment each month is an easy way to increase your credit score fast. A good credit score is also beneficial if you move and your prospective landlord wants to run a credit check.

More Rewards 

Looking to go on a European vacation or earn some cash back on your purchases? Paying your rent on your credit card is the best way to earn a lot of extra rewards points that you wouldn’t get from the regular monthly expenses like groceries or gas.

Added Convenience 

Paying online through your credit card means you can pay your rent from anywhere, no matter where you are or what you’re doing. On a vacation out of town or forget to transfer money into your account? You can set up your account so that it automatically withdraws the money on whatever day you pay your rent and you never have to give it another thought.

RentMoola lets you easily pay your rent online with your credit card, head here to find out how you can make paying rent rewarding.

 

 

Tags : apartmentsproperty managementreal estateRenting
Emily Stewart

The author Emily Stewart

Emily is the Marketing and Communications Coordinator at RentMoola. She's a reader, skier, and self-proclaimed Beyonce superfan.

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